| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP7540 |
| DP7540 Foreign Currency Borrowing by Small Firms | |
| Steven Ongena; Martin Brown; Pınar Yeşin | |
| 发表日期 | 2009-11-08 |
| 出版年 | 2009 |
| 语种 | 英语 |
| 摘要 | How successful is the theory of the firm in explaining intra-firm trade? To answer this question we exploit a unique dataset of 1,141,393 French import transactions, spanning across firm, countries and products in 1999, and reporting whether a transaction is intra-firm. Overall, we find support for the main predictions of the partial equilibrium property-rights approach and further deliver facts that can be useful for further theoretical development. We document substantial within-industry heterogeneity while providing evidence of the importance of the firm dimension of sourcing choices as well as of the key distinction between the extensive and intensive margins. |
| 主题 | International Trade and Regional Economics |
| 关键词 | Extensive margin Firm heterogeneity Incomplete contracts Intensive margin Internationalization strategies Intra-firm trade Outsourcing Quality of institutions |
| URL | https://cepr.org/publications/dp7540 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/536376 |
| 推荐引用方式 GB/T 7714 | Steven Ongena,Martin Brown,Pınar Yeşin. DP7540 Foreign Currency Borrowing by Small Firms. 2009. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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